COAL INDIA: Higher Highs expected if MACD buy crossover happens
Technical Analysis Report: Coal India - Week of January 23, 2024
📊 Overview
Stock Name:
COALINDIA
📈 Technical Indicators Analysis
Parabolic SAR (Stop and Reverse):
🟢 Buy Signal Detected at ₹367.75
🚀 Indicates potential upward price movement
EMA (Exponential Moving Average) & MA (Moving Average) Crossover:
🔄 Crossover Event nearing and then diverging
📊 Suggests a strengthening bullish trend
MACD (Moving Average Convergence Divergence) - 12, 26, 9:
📉 MACD Value: 8.03
📈 Signal Value: 8.75
🟡 Crossover Pending: Indicator yet to confirm the trend
Stochastics RSI (Relative Strength Index):
🎢 K Value: 42.78
🎡 D Value: 17.41
🔄 Recent Crossover below lower level, indicating past corrections
💹 Market Statistics
Price/Earnings (P/E) Ratio: 8.42
👍 Indicates a potentially undervalued stock
Beta: 0.61
📉 Suggests lower volatility compared to the market
Dividend Payout Ratio: 53.26%
Dividend Yield: 6.14%
💸 Indicates a solid dividend return
🎯 Target and 🛑 Stop Loss
Stop Loss: ₹362.35
📌 Set at Fibonacci 0.5 level
Target Price: ₹410
🏹 Based on current momentum and indicators
⚠️ Precautions
🌪️ Volatility Alert: High price levels may lead to increased volatility.
🔄 Consolidation Phase: Short-term consolidation possible before further movement.
🧐 Investor Caution: Monitor for changes in market conditions.
📝 Disclaimer
🚫 This analysis is for informational purposes only and should not be construed as investment advice.
⚖️ Investing in stocks involves risks, including the loss of capital.
💡 Investors are advised to conduct their own research or consult with a financial advisor.
#CoalIndiaAnalysis #TechnicalAnalysis #StockMarket #Investing #finogent #MarketTrends #FinancialInsights
📊 Overview
Stock Name:
COALINDIA📈 Technical Indicators Analysis
Parabolic SAR (Stop and Reverse):
🟢 Buy Signal Detected at ₹367.75
🚀 Indicates potential upward price movement
EMA (Exponential Moving Average) & MA (Moving Average) Crossover:
🔄 Crossover Event nearing and then diverging
📊 Suggests a strengthening bullish trend
MACD (Moving Average Convergence Divergence) - 12, 26, 9:
📉 MACD Value: 8.03
📈 Signal Value: 8.75
🟡 Crossover Pending: Indicator yet to confirm the trend
Stochastics RSI (Relative Strength Index):
🎢 K Value: 42.78
🎡 D Value: 17.41
🔄 Recent Crossover below lower level, indicating past corrections
💹 Market Statistics
Price/Earnings (P/E) Ratio: 8.42
👍 Indicates a potentially undervalued stock
Beta: 0.61
📉 Suggests lower volatility compared to the market
Dividend Payout Ratio: 53.26%
Dividend Yield: 6.14%
💸 Indicates a solid dividend return
🎯 Target and 🛑 Stop Loss
Stop Loss: ₹362.35
📌 Set at Fibonacci 0.5 level
Target Price: ₹410
🏹 Based on current momentum and indicators
⚠️ Precautions
🌪️ Volatility Alert: High price levels may lead to increased volatility.
🔄 Consolidation Phase: Short-term consolidation possible before further movement.
🧐 Investor Caution: Monitor for changes in market conditions.
📝 Disclaimer
🚫 This analysis is for informational purposes only and should not be construed as investment advice.
⚖️ Investing in stocks involves risks, including the loss of capital.
💡 Investors are advised to conduct their own research or consult with a financial advisor.
#CoalIndiaAnalysis #TechnicalAnalysis #StockMarket #Investing #finogent #MarketTrends #FinancialInsights
Nota
Number one achieved..In case of taking a more aggressive outlook to the same, the stock can be held. Otherwise, exit is much better.
Dagangan aktif
the stock has zoomed past its target levels and with fresh Stoc RSI and MACD, there is still some room for the upside. Hold positions. No new entry.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.